“The market is positioning for recovery over the next fewmonths, which means the dollar will clearly see considerableweakness as this plays out,” said Melvin Harris, chief marketstrategist at Advanced Currency Markets in New York. But analysts warned that the global economy was still miredin recession and faced a number of threats. On Thursday, U.S.regulators said 10 of the country’s biggest banks must raise$74.6 billion in equity to shore up their capital cushions.[ID:nN07333426] “While the economy may be getting worse at a slower rate,it is still in recession and unemployment is rising,” MizuhoCorporate Bank currency strategist Nicole Elliott wrote in anote to clients, adding the markets may have to face “thepossibility of things not getting significantly worse but notimproving much either for a very long time.” Currencies Global Markets. COLUMBUS, Ohio–(Business Wire)–Today the board of directors of State Auto Financial Corporation (NASDAQ: STFC)declared a regular quarterly cash dividend of $0.15 per share, payable June 30,2009 to shareholders of record at the close of business on June 15, 2009. Thisis the 72nd consecutive quarterly cash dividend declared by the company`s boardsince STFC had its initial public offering of common stock in 1991. State Auto Financial Corporation, headquartered in Columbus, Ohio, is a superregional property and casualty insurance holding company.
The company marketsits personal and business insurance products exclusively through independentinsurance agencies in 33 states and is proud to be a Trusted Choice companypartner. STFC stock is traded on the NASDAQ Global Select Market, whichrepresents the top third of all NASDAQ listed companies. The insurance subsidiaries of State Auto Financial Corporation are part of theState Auto Group The State Auto Group is rated A+ (Superior) by the A.M. BestCompany and consists of State Automobile Mutual, State Auto Property & Casualty,State Auto National, State Auto Ohio, State Auto Wisconsin, State Auto Florida,Milbank, Farmers Casualty, Meridian Security, Meridian Citizens Mutual, BeaconNational, Beacon Lloyds, Patrons Mutual and Litchfield Mutual Fire. Additionalinformation on State Auto Financial Corporation can be found online at. State Auto Financial CorporationJim Duemey, VP, Investment Officer, 614-464-5373orKyle Anderson, Dir. of Media Relations, 614-917-5497M 614-477-5301 Copyright Business Wire 2009.
VIENNA, Va., May 8 /PRNewswire/ — Kevin Hutchinson, president and CEO ofPrematics, has been appointed as a member of the HIT Standards Committee. Thisfederal advisory body is charged with making recommendations to the Health andHuman Services National Coordinator for Health IT on standards, implementationspecifications, and certification criteria for the electronic exchange and useof health information. “As someone who is on the frontlines of health IT deployment, Kevinunderstands the important role standards play in supporting improvements incare coordination through the application of health IT.This is increasinglyimportant as the industry continues to embrace technology to improve healthoutcomes and reduce cost in the healthcare system.” Prematics is helping to improve communication between all healthcarestakeholders by working with Availity and other health care enterprises toequip physician practices with e-prescribing capabilities at the point ofcare.E-Prescribing allows for the electronic exchange of critical patientinformation that can improve the safety, efficiency, and cost effectiveness ofcare. According to estimates by the Center for Information TechnologyLeadership, widespread adoption and use of e-prescribing technology alone hasthe ability to generate nearly $27 billion in savings each year.
“The HIT Standards Committee creates an alignment of stakeholder groups acrossthe health IT spectrum which is essential for successful, ongoing standardsharmonization,” said Prematics board chairman, Jim Bradley. “Kevin’s historyof expertise and work on standards makes him an ideal contributor, and it ismy pleasure to congratulate him on this appointment.”Prior to joining Prematics, Mr. Hutchinson served as the founding presidentand CEO of SureScripts from 2002 – 2008 where led the effort to build anddeploy a national network for electronic prescribing and health informationexchange. Under his leadership the SureScripts’ network grew from an industryconcept to the largest, most successful electronic prescribing network in thecountry. Today, it is considered the gold standard for pharmacyinteroperability and the routing of electronic prescriptions throughout thenation. About PrematicsPrematics is a care communication company that enables health plans to connectwith providers and members at the point of care using a cutting-edge,physician-centric e-prescribing platform.The platform enables the exchangeof critical patient prescription information and the delivery of targeted,timely messages to the point of care.The result is lower medical, pharmacyand administrative costs; greater patient safety; improved practiceefficiency; and, greater patient satisfaction.
More information aboutPrematics can be found at ContactLaura SOURCEPrematicsLaura Ahlbin of Prematics, +1-703-956-5517, . Pro-Dex, Inc. Announces Fiscal 2009 Third Quarter Financial Results ConferenceCall and WebcastIRVINE, Calif.,May 8 /PRNewswire-FirstCall/ — PRO-DEX, INC. (Nasdaq: PDEX)invites shareholders and investors to listen to a broadcast review of theCompany’s fiscal 2009 third quarter financial results. The call is scheduled to be broadcast live over the internet on Thursday, May14, 2009 at 4:30 p.m. Eastern Time (1:30 Pacific Time) and may be accessed byvisiting the Company’s website at Murphy, ChiefExecutive Officer and Jeff Ritchey, Chief Financial Officer, plan to host thecall.If you would like to join the call, dial (877) 356-8625 U.S and (706)634-9779 International, conference I.D. 99525321.You can identify the callas the Pro-Dex Third Quarter Earnings Call.